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Viral an infection therapies, cell remedy, and synthetic intelligence led biotech investments in January 2022 because the European sector took a collective breather from December’s funding frenzy.
European biotech investments began 2022 at a modest stage in comparison with the massive money move seen in November and December 2021. Whereas December 2021 noticed virtually €1.6B cash raised, January’s complete hit €660M in 41 offers. These included non-public investments and preliminary public choices going to life sciences firms in Europe and Israel.
Non-public biotech investments drove almost all of January’s funding; the UK agency Genflow Biosciences launched the one biotech IPO, elevating €4.4M on the London Inventory Change. The agency challenged a stormy biotech inventory market, which has triggered headwinds for biotech IPO hopefuls in the previous couple of months.
Industrial biotech firms particularly noticed a plunge in investments in January.
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